Gate News Bot news, on November 19, according to CoinMarketCap data, as of the time of writing, AVNT (Avantis) is currently priced at $0.45, with a rise of 7.01% in the last 24 hours, reaching a high of $0.61 and a low of $0.41, with a 24-hour volume of $72.4 million. The current market capitalization is approximately $116 million, an increase of $7.59 million compared to yesterday.
Important news about AVNT recently:
1️⃣ Strong fundamentals drive AVNT price rebound
The price of AVNT tokens has rebounded 78% from the bottom, a significant rise primarily due to strong fundamental support for the project. The ongoing development and improvement of the Avantis ecosystem have enhanced investors' confidence in the project's long-term value.
2️⃣ Increase in large holder activity
Recently, it has been observed that the activity of large AVNT holders (commonly known as “whales”) has significantly increased. The behavior of these investors is often seen as a market signal, and their active participation may indicate an optimistic expectation for the future trend of AVNT.
3️⃣ Market liquidity has significantly increased
The 24-hour trading volume of AVNT reached 72.4 million dollars, compared to its market capitalization of 116 million dollars, showing a high liquidity ratio. This data indicates that market interest in trading AVNT is on the rise, contributing to price discovery and improved market efficiency.
From a technical perspective, AVNT has broken through the key resistance level of $0.45 and may continue to maintain upward momentum in the short term. However, investors should remain vigilant about the profit-taking pressure that may exist around $0.61.
This message is not intended as investment advice, and investors should be aware of market volatility risks.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Shiba Inu Holds $0.0559 Support as Altseason Structure Reappears on Weekly Chart
Shiba Inu was traded at $0.056043 and it registered an increase of 1.2 percent and it stood solid above the mark of $0.055958.
The OTHERS/BTC weekly chart indicates that price has been in an upward trendline that was experienced during the earlier expansions of the altcoins.
SHIB
CryptoNewsLand6m ago
SHIB Rises 4.2% as Weekly Chart Breakout Targets $0.00000138
SHIB trades at $0.056075, posting a 4.2% increase while holding above the $0.055775 support level.
Price remains capped by $0.056121 resistance, keeping the 24-hour range structurally tight.
AliCharts highlights a weekly channel breakout with price reference marked at
CryptoNewsLand16m ago
Bitcoin Is Down Bad, But Hasn't Yet Hit Its 'Ultimate Bear Market Bottom': Analysts
A CryptoQuant report suggests Bitcoin's "ultimate bear market bottom" is $55,000, indicating a potential decline of 21%. Current market indicators signal that Bitcoin has not yet entered the extreme bear phase, which typically precedes a market bottom.
Decrypt32m ago
VVV Sets to Continue Its 45.7% Market Rally As Breakout Shatters Descending Channel: Analyst
AltsDaddy identifies Venice Token (VVV) as a potential altcoin gem, experiencing a 26.3% surge in value. Technical analysis suggests a breakout from a descending channel, positioning VVV for significant price growth, currently trading at $2.79 with heightened trading activity.
BlockChainReporter33m ago
Is JasmyCoin (JASMY) Really Dead After Months of Silence?
Some tokens in crypto are often called dead when little seems possible for their future. One project that has stayed quiet for a long time is JasmyCoin. Silence around JASMY price action has pushed many observers to doubt its relevance. Another group believes deeper work continues beneath the s
CaptainAltcoin1h ago
Dogecoin to $0.01? DOGE Price Rebound Signals Possibility - U.Today
Dogecoin (DOGE) is on a bullish path, rising by over 7.18% and nearing $0.10, driven by strong RSI and increased trading volume. If buying momentum continues, DOGE may hit between $0.104 and $0.108, surpassing Bitcoin Cash in market cap.
UToday2h ago
